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Milspares Limited

04946135

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

1 EDISON ROAD, AYLESBURY, HP19 8TE
Incorporated 28/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46180
Agents specialised in the sale of other particular products
46520
Wholesale of electronic and telecommunications equipment and parts
46760
Wholesale of other intermediate products
47990
Other retail sale not in stores, stalls or markets

Officers

Mr David Keith Shortman

director · Since 28/10/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 5 other boards

David Keith Shortman

secretary · Since 15/01/2010

BRITISH

Persons with Significant Control

Mr David Keith Shortman

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 68

1, Edison Road, Aylesbury, HP19 8TE

Notified 14/10/2016

Charges1 outstanding

Charge
satisfied

WORKING CAPITAL PARTNERS LIMITED

Created 16/04/2019Registered 16/04/2019Satisfied 18/06/2019
Charge
satisfied

EASY INVOICE FINANCE LIMITED

Created 16/05/2018Registered 17/05/2018Satisfied 04/04/2019
Charge
satisfied

CAVENDISH INVESTMENTS (MANCHESTER) LIMITED

Created 16/05/2018Registered 16/05/2018Satisfied 04/04/2019
Charge
satisfied

ALDERMORE BANK PLC

Created 20/06/2014Registered 26/06/2014Satisfied 06/02/2018
charge
outstanding

LLOYDS TSB BANK PLC

Created 22/11/2012Registered 29/11/2012
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 30/04/2012Registered 04/05/2012Satisfied 23/10/2014
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 07/10/2010Registered 12/10/2010Satisfied 23/10/2014
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 16/10/2007Registered 17/10/2007Satisfied 25/09/2010

CompanyRankvs 3675+ SIC 46180 peers
35

Financial strength0th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3675Milspares Limited
45
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

-£638k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£320k

Working capital

Current Assets

£65k

Current Liabilities

£386k

Fixed Assets

£1k

4avg. employees

Balance Sheet

Assets less current liabilities-£319k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.17+£44k
20240.15+£16k
20230.18-£20k
20220.07-£1.3M
20210.12—

Derived from filed accounts. Not audited figures.